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Persistent link: https://www.econbiz.de/10011487474
We analyze a hub-and-spoke cartel in the Brazilian automotive fuel industry. Using the court documents and detailed data on the supply chain we uncover three mechanisms beyond information sharing used by wholesalers (hub) to help retailers (spokes) solve the obstacles of price coordination:...
Persistent link: https://www.econbiz.de/10012705135
less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a … distance is small they hardly behave collusively when collusion harms a third party. …
Persistent link: https://www.econbiz.de/10012886573
illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of … collusion. We introduce cartel culture that describes how likely cartels persist after each conviction. Our analysis … disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …
Persistent link: https://www.econbiz.de/10011378956
This paper presents results from a laboratory experiment studying the channels through which dierent law enforcement strategies deter cartel formation. With leniency policies oering immunity to the rst reporting party, a high ne is the main determinant of deterrence, having a strong eect even...
Persistent link: https://www.econbiz.de/10011277367
less inclined to collude than men when collusion harms a third party. No gender difference can be found in the absence of a … distance is small they hardly behave collusively when collusion harms a third party. …
Persistent link: https://www.econbiz.de/10012886259
The objective of a leniency program is to reduce sanctions against collusion if a participant voluntarily confesses his … the collusion amount; furthermore, he presented a sufficient condition under which the maximum leniency is optimal. After … extending the model by endogenizing the degree of collusion as well as equilibrium selection in the self-reporting stage, we …
Persistent link: https://www.econbiz.de/10010743731
This paper presents results from a laboratory experiment studying the channels through which different law enforcement strategies deter cartel formation. With leniency policies offering immunity to the first reporting party, a high fine is the main determinant of deterrence, having a strong...
Persistent link: https://www.econbiz.de/10008802525
for distributors to reduce prices and may facilitate tacit or explicit collusion, both to the detriment of consumers … role for antitrust challenges to PH laws and similar anticompetitive state regulation. If states wish to reduce the social …
Persistent link: https://www.econbiz.de/10011039761
This paper presents results from a laboratory experiment on the channels through which different law enforcement strategies deter cartel formation. With leniency policies offering immunity to the first reporting party a high fine is the main determinant of deterrence, having a strong effect even...
Persistent link: https://www.econbiz.de/10011084601